Flattered
In what unit is the 10K? (USD, zimbabway dollars, yourdollars, etc..)
How to Kill Bulls: Watch Me Do it in Real-time
- Thread starter riskfreetrading
- Start date
Flattered
In what unit is the 10K? (USD, zimbabway dollars, yourdollars, etc..)
A long story, but to make it short. Cutting is selling to a buyer (a bull/long). A bull has two horns. The top of the horn is the high point in a bull.
So cutting a horn of a bull is selling to him at the hightest price.
The highest price can typically happen at two moment in time.
The first moment when price is at high can be thought of a right horn (from bull perspective), and the second price can be represented as a second horn.
Now go re-read and tell me if it is now better.
But in reality, you do not need to see a horn. It is simpler with my numbers.
PIP is one 1/100 of 1%. Term used in currency trading. 1PIP on a standard lot in a pair is 10 units, as a lot is 100K. (10=100K/100/100).
Therefore 60 pips is 600 units. Do you now see the dollar signs?
It seems that this site is flooded with useless f*cks.
I am in no way making any claim that I am the best trader out there but I have been around the block a few times. This riskfreetrading is a choke artist. No value to your posts, a bunch of bull shit.
Who are the POS that monitor these posts?
I am in no way making any claim that I am the best trader out there but I have been around the block a few times. This riskfreetrading is a choke artist. No value to your posts, a bunch of bull shit.
Who are the POS that monitor these posts?
It is news to me that attempting to time tops/bottom/etc (of a day or of multiple days) is useless. It is at the heart of trading. What I am trying to show is that timing the market is possible.
It was needed to do it, multiple times. I provide price, and time entries to show the readers where and when I entered, so that they can follow.
Multiple attempts in multiple days and using multiple vehicles are needed as otherwise, one cannot determine whether successful trading calls are due to luck or skill. Therefore a sample of market calls had to be established. I think that I have now establised that it is possible to time the market, so that if others attempt they would realize that it is possible, but it possibly not easy.
In addition, I have included .doc files in the posts. People download them which is an indicator that they have interests, as otherwise they would not open such files.
The other advantage is that if people paper traded these market calls, they would have realized at least on paper profits, and therefore it will open for them the door that they can make money or make more money if they are not making it now.
PS:
Please check my thread of timing the NDX. I called the top at 1:08PM few moments before the selloff started. The NDX went down from 2048 from point of entry to 1957 (as of close of today (Wednesday)). I have made other market calls, and nailed the top of day on many days. The purpse of repeating this is to test
(in the eyes of others) whether I may have luck or skilled on my side. The link for the latest NDX call is:
http://www.elitetrader.com/vb/showthread.php?s=&threadid=127406
It was needed to do it, multiple times. I provide price, and time entries to show the readers where and when I entered, so that they can follow.
Multiple attempts in multiple days and using multiple vehicles are needed as otherwise, one cannot determine whether successful trading calls are due to luck or skill. Therefore a sample of market calls had to be established. I think that I have now establised that it is possible to time the market, so that if others attempt they would realize that it is possible, but it possibly not easy.
In addition, I have included .doc files in the posts. People download them which is an indicator that they have interests, as otherwise they would not open such files.
The other advantage is that if people paper traded these market calls, they would have realized at least on paper profits, and therefore it will open for them the door that they can make money or make more money if they are not making it now.
PS:
Please check my thread of timing the NDX. I called the top at 1:08PM few moments before the selloff started. The NDX went down from 2048 from point of entry to 1957 (as of close of today (Wednesday)). I have made other market calls, and nailed the top of day on many days. The purpse of repeating this is to test
(in the eyes of others) whether I may have luck or skilled on my side. The link for the latest NDX call is:
http://www.elitetrader.com/vb/showthread.php?s=&threadid=127406
To everyone reading (particularly those who may not agree):
1. EUR/USD is now at 157.65 (35 pips from the top)
2. That top was nailed here live on ET.
Is there any other more important exercise in trading then to determine future direction of price, and time entries the best one can?
I am now going to post the latest chart which I ask the readers to review against the other charts I posted this evening so that you can see how the topping evolves, and how entrencies and exits are managed.
I am positive that readers will learn from it (current ET members, visitors, as well as future ET members and visitors)
1. EUR/USD is now at 157.65 (35 pips from the top)
2. That top was nailed here live on ET.
Is there any other more important exercise in trading then to determine future direction of price, and time entries the best one can?
I am now going to post the latest chart which I ask the readers to review against the other charts I posted this evening so that you can see how the topping evolves, and how entrencies and exits are managed.
I am positive that readers will learn from it (current ET members, visitors, as well as future ET members and visitors)